BANGALORE: IT czar Mr Azim Premji on Friday said the government has realised it is slowing down economic growth rate and he expected it to get into policy initiatives action post assembly polls in five states, irrespective of results.
MUMBAI: The Reserve Bank is unlikely to heed the calls for cutting the cash reserve ratio (CRR) in the forthcoming monetary policy announcement, HSBC and a survey of market participants by its foreign banking peer, RBS, say.
NEW DELHI: The Ministry of Road Transport and Highways has taken a policy initiative to take up operation and maintenance of the developed stretches of National Highways (NH) on ‘Operate-Maintain-Transfer (OMT)’ basis through private sector participation, thereby leveraging the available resources, an official statement said Thursday.
MUMBAI: Private carrier Jet Airways today said it has posted a loss of Rs 101.22 crore for the quarter ended 31 December against a net profit of Rs 118.23 crore for the same quarter of the previous year.
NEW DELHI: The falling cost of vegetables like potatoes and onions has put a lid on price rise, with food inflation confined to the negative zone for the third consecutive week at (-)0.42 per cent during the seven-day period to January 7.
MUMBAI: The Anil Ambani-led Reliance Capital Thursday said Japan’s largest private life insurer Nippon Life will acquire a 26 percent stake in the group’s asset management company for $290 million, taking the overall valuation to $1.1 billion.